India may miss 2030 renewables target by over 104 GW
The nation may miss its 2030 target of 500 GW renewables capacity by over 104 GW under the current market trend.
ReNew refinances dollar-denominated bonds worth $525 million
The Indian renewable energy developer has refinanced its dollar-denominated bonds worth $525 million ahead of their maturity in 2024. The refinancing has slashed the interest cost by 200 basis points and pushed the maturity to the end of the fiscal year 2027.
Aerem raises $2.5 million for its solar financing platform
The MSME solar financing platform will use the funds to grow its loan book, enhance the technology platform, and expand its team.
New residential battery from the Netherlands
Dutch startup Charged has developed a lithium-ion battery with a storage capacity of 5 kWh. It can be stacked in a six-unit configuration to reach 30 kWh. It measures 400 mm x 500 mm x 200 mm and weighs 45 kg.
Tata Power commits INR 75,000 crore to renewables
Tata Power will invest more than INR 75,000 crore ($9.4 million) by the 2026-27 period to scale up its green businesses, including renewable energy generation and solar manufacturing.
Roofsol commissions 10.2 MWp single-site rooftop solar plant
The Mumbai-based EPC solutions provider has executed a 10.2 MWp rooftop solar plant for Sportking India. The installation uses 18,500 high-efficiency 550 Wp mono PERC solar modules from Trina Solar.
Saatvik supplies modules for NTPC’s Ramagundam floating solar project
Saatvik has supplied 62 MW of solar modules to NTPC’s 100 MW (AC) Ramagundam floating solar project.
Jakson enters utility-scale battery storage, green hydrogen markets
Noida-headquartered Jakson has roped in Sterling & Wilson Solar’s former global CEO, Bikesh Ogra, to lead a new venture that will focus on green hydrogen, utility-scale battery storage, and solar.
Jharkhand to install 4 GW of solar power generation capacity in five years
Under the Solar Energy Policy 2022, the Indian state tagets installing about 3 GW of utility-scale solar, 720 MW of distributed generation, and 280 MW off-grid capacity from fiscal 2022-23 to 2026-27.
Agrivoltaics adding value to crops with low agricultural yield
A group of 35 French agricultural entrepreneurs decided to change their agricultural practices to adapt to the low quality of their groundwater and chose agrivoltaics as a way to compensate for crop yield losses.
